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Use the table below to answer the following questions.
Table 23.2.3
The table shows an economy's demand for loanable funds schedule and supply of loanable funds schedule.
-Consider Table 23.2.3. If planned saving decreases by $1.0 trillion at each real interest rate, what is the new equilibrium real interest rate?
Trend
A general direction in which something is developing or changing, often identified through the analysis of data over time.
Seasonal Trend
A pattern in data that repeats at regular intervals over time, typically within a year.
Indicator Variable
A variable that takes on values of 0 or 1 to indicate the absence or presence of a categorical effect that may influence dependent variables.
Seasonal Index
Seasonal index refers to a numerical value that is assigned to specific time intervals to measure the seasonal pattern or variation in a data set over a period.
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